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Rates

 Savings Rates

Effective May 24, 2023

**APY = Annual Percentage Yield
Account Type Minimum Balance to Earn Dividends Rate APY**
Savings & Special Savings  $1,000.00 – $9,999.00  0.02%  0.02%
Savings & Special Savings $10,000.00 – $99,999.00 0.03% 0.03%
Savings & Special Savings $100,000.00 & OVER 0.05% 0.05%
Checking $1,000.00 and OVER  0.00% 0.00%
Money Market $2,500.00 – $49,999.99 0.12%  0.12%
Money Market  $50,000.00 – $99,999.00  0.45%  0.45%
Money Market $100,000.00 – $249,999.00 1.00% 1.00%
Money Market $250,000.00 & OVER 1.10% 1.11%
Christmas Club N/A  0.03%  0.03%
Restricted Christmas Club N/A 0.10% 0.10%
Vacation Club N/A 0.10% 0.10%

Share Certificate/IRA Renewal Rates

Effective May 31, 2023

**APY = Annual Percentage Yield
Term Minimum Balance Rate APY**
3 Month Cert. $500.00 1.28% 1.29%
6 Month Cert. $500.00 1.39% 1.40%
12 Month Cert. $500.00 1.47% 1.48%
24 Month Cert. $500.00 1.55% 1.57%
36 Month Cert. $500.00  1.55% 1.57%

New Share Certificate/IRA Rates

Effective May 31, 2023

**APY = Annual Percentage Yield
Term Minimum Balance Rate APY**
3 – 24 Month Cert. $500.00 0.00% 0.00%
36 Month Cert. $500.00 1.55% 1.57%

Share Secured Personal Loan Rates

Effective March 4, 2022

*APR = Annual Percentage Rate
Term APR*
Share Secured Personal (Up to 95% of available funds) Call for details 1.90%
Share Certificate Secured Personal (Up to 95% of available funds) Call for details 1.90%

Unsecured Personal Loan Rates

Effective October 25, 2022

*APR = Annual Percentage Rate
Term APR*
Closed End Personal Loan (Call for details) 10.25%
Bill Consolidation (Call for details) 12.00%
PayDay Assistance (PAL) 3 Month term. $20 application fee. 28.00%

Mastercard® Rates

Effective January 1, 2023

*APR = Annual Percentage Rate
MasterCard® Credit Limit APR* Variable APR*
Premier $1,000 to $15,000 N/A 11.00%
Regular $1,000 to $15,000 15.96% N/A
Share Secured $250 to $2,500 18.00% N/A

New & Used Auto, Motorcycle, and ATV Loan Rates

Effective May 22, 2023

*APR = Annual Percentage Rate
Product As Low As APR*
New/Used Auto
Models 2021 – 2022
Terms up to 5 years, Call for Details
4.25%
Used/Older Auto
Models 2018 – 2020
Terms up to 5 years, Call for Details
4.50%
New Motorcycle/Personal Watercraft
Models 2021 – 2022
Terms up to 5 years, Call for Details
10.50%
Used Motorcycle/Personal Watercraft
Models 2018 – 2020
Terms up to 5 years, Call for Details
11.00%

Mortgage Rates

Effective June 1, 2023
Prime Rate as of June 1, 2023 is 8.25%

Product Rate APR*
Home Equity Line of Credit (HELOC)**
“VARIABLE RATE”
9.750% 9.750%
30 Year Conforming Fixed First Mortgage 6.125% 6.198%
15 Year Conforming Fixed First Mortgage 5.750% 5.865%
*APR = Annual Percentage Rate. Based on loan amount of $200,000. **1.50% over Prime Rate for standard HELOC, OR 3.00% over Prime Rate for Credit Refresher or Non-Owner Occupied, with rates not lower than 5.00% and 7.00% respectively.

All rates subject to change without notice.

Rancho Federal Credit Union uses RISK-BASED PRICING. This loan interest rate structure applies to all new and used vehicle and unsecured loans, as well as our Home Equity Line-of-Credit program. Risk-Based Pricing is a system of pricing loans so that the interest rate charged to a member is based on the credit risk they represent. We are able to offer low-rate pricing to our lower risk members, and at the same time allow our higher risk members to obtain credit at a higher rate. The loan rate pricing structure is determined by each members own credit score as defined on their credit report issued by Experian. The Risk Based model used by this credit union is “Vantage.” To receive a free copy of your credit report contact Experian at the address below.

Experian
701 Experian Parkway
P.O. Box 2002
Allen, TX 75013
1.888.397.3742
www.experian.com/reportaccess

Contact Us

Click or call (562) 803-6401 or (866) 855-9050 for a representative.